How Does Medicare Impact On Society

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Starting in the early days, Medicare and Medicaid have made an impact on society. Both became known all around the world when President Lyndon B. Johnson signed amendments to the Social Security Act on July 30, 1965. They have been in business for 51 years, and currently together have a huge amount of Health Insurance Coverage for about 105 million civilians. Medicare and Medicaid have been of great benefit all over the country. Although they are quite similar, Medicare and Medicaid have many differences.

To begin with, this year Medicare has about 55 million users, making it one of the most popular health insurance plans on Earth. It has been well divided into different parts for easy access throughout the population. These are called Part A, B, C, and D. According to the article, What does Medicare cover (Parts A, B, C, and D)?, these different parts make Medicare an all-rounded advantaging program. Part A is known as Hospital Insurance. It is mostly used by hospitals, skilled nursing facilities, home health, and hospice care. Part B consists of Medical Insurance. It is made up of medically necessary doctors’ services, preventive care, durable medical equipment, hospital outpatient services, laboratory tests, x-rays, mental health care, and some home health and ambulance services. Medicare Part C allows private health insurance businesses to distribute Medicare …show more content…

Medicaid contributes to medical coverage of low-income for individuals and families. It includes children, teenagers, adults, and elders. According to an article called, "Florida Department of children and families", Medicaid provides different services for different groups of people. For example, one of the groups is Parents and Caretaker Relatives of Children. Parents and other caretaker relatives of children up to age 18 who share the same household may qualify for

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